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Nigeria: Delay in crude supply to Dangote Refinery poses risk to Nigeria’s economy – EIU Report — Africa Links 24

Nigeria: Delay in crude supply to Dangote Refinery poses risk to Nigeria’s economy – EIU Report — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2024-08-15 14:15:48

The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put additional pressure on the naira.

The research and analysis division of the Economist Group said the Dangote refinery which began production in January has encountered setbacks in petrol production due to a shortage of crude oil feedstock.

It said the $20 billion facility has successfully…

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